US construction spending for January -0.1% versus 0.2% expected | Forexlive

• Prior month -0.4% revised to -0.7%
• construction spending for January -0.1% versus -0.7% last month
• total construction spending came in at $1825.7 billion versus $1827.5 billion in December
• private construction 0.0% % versus -0.4% last month
• residential construction -0.6% vs -0.3% last month
• nonresidential construction 0.9% vs -0.5% last month
• Public construction -0.6% MoM

For the full report CLICK HERE

Construction spending comes in weaker than expectations. The prior month was also revised lower